Support the Economic Growth, Regulatory Relief and Consumer Protection Act to provide regulatory relief for community banks and credit unions, strengthen the financial system, and expand access to credit and economic opportunities, especially in rural areas.

I rise today in support of the “Economic Growth, Regulatory Relief and Consumer Protection Act,” ... this important legislation ... will provide much-needed regulatory relief to our community banks and credit unions ... The “Economic Growth, Regulatory Relief and Consumer Protection Act” will strengthen America’s financial system and expand economic opportunities across the country, especially in rural areas

Rounds committed support as an original cosponsor for legislation he said would reduce regulatory burdens on community banks and credit unions and expand access to credit, especially in rural areas.

Rounds: Economic Growth, Regulatory Reli... | U.S. Senator Mike Rounds
secondary · other · model gpt-5.5

Congress.gov lists Sen. Rounds, Mike [R-SD] as a cosponsor of S.2155 with date cosponsored 11/16/2017.

Rounds formally supported the Economic Growth, Regulatory Relief, and Consumer Protection Act as an original cosponsor.

delivered same_term A for effort

Cosponsors - S.2155 - 115th Congress: Economic Growth, Regulatory Relief, and Consumer Protection Act
secondary · model gpt-5.5 · confidence 98%

The Senate roll call states the question was On Passage of the Bill (S. 2155, Amended), vote date March 14, 2018, vote result Bill Passed, and lists Rounds (R-SD), Yea.

Rounds voted yes on Senate passage of S.2155, directly fulfilling the promise to support the Act.

delivered same_term A for effort

U.S. Senate Roll Call Vote 115th Congress, 2nd Session, Vote 54
secondary · model gpt-5.5 · confidence 99%

Congress.gov actions show S.2155 passed the Senate 67-31 on March 14, 2018, passed the House 258-159 on May 22, 2018, was signed by the President on May 24, 2018, and became Public Law No. 115-174 on May 24, 2018.

The bill Rounds supported was enacted into law during the relevant Senate term.

delivered same_term

Actions - S.2155 - 115th Congress (2017-2018): Economic Growth, Regulatory Relief, and Consumer Protection Act
secondary · model gpt-5.5 · confidence 99%

The enacted law is titled Economic Growth, Regulatory Relief, and Consumer Protection Act and states its purpose as an Act to promote economic growth, provide tailored regulatory relief, and enhance consumer protections. Its table of contents includes Improving Consumer Access to Mortgage Credit, Credit union residential loans, Regulatory Relief and Protecting Consumer Access to Credit, Capital simplification for qualifying community banks, and Community bank relief.

The law’s enacted text matches the promise’s substance: regulatory relief, community bank and credit union provisions, and expanded access to mortgage credit.

delivered same_term

Text - S.2155 - Public Law No. 115-174
secondary · model gpt-5.5 · confidence 97%

Section 103 is titled Exemption from appraisals of real property located in rural areas and provides that an appraisal is not required for certain federally related transactions when the property is located in a rural area and other conditions are met.

The enacted bill included a rural-area access-to-credit provision, aligning with the promise’s emphasis on rural economic opportunity.

delivered same_term

Text - S.2155 - Public Law No. 115-174
secondary · model gpt-5.5 · confidence 96%